Announced

BNP Paribas to acquire the remaining 50% stake in Exane.

Synopsis

BNP Paribas, a European bank with a strong global footprint, agreed to acquire the remaining 50% stake in Exane, a provider of brokerage services, asset management, and derivatives products. Financial terms were not disclosed. "We’ve worked closely with Exane for 17 years, supporting its development into a top-ranked Research and leading European equities business. This is a natural evolution following our successful partnership, working together to deliver even deeper relationships with our clients. We really look forward to further strengthening the relationship with Exane in equities and derivatives," Olivier Osty, BNP Paribas Head of Global Markets.

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